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Palomar Holdings (FRA:PH8) Earnings per Share (Diluted) : €3.21 (TTM As of Mar. 2024)


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What is Palomar Holdings Earnings per Share (Diluted)?

Palomar Holdings's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was €0.96. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was €3.21.

Palomar Holdings's EPS (Basic) for the three months ended in Mar. 2024 was €0.98. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was €3.30.

Palomar Holdings's EPS without NRI for the three months ended in Mar. 2024 was €1.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was €3.68.

During the past 12 months, Palomar Holdings's average EPS without NRIGrowth Rate was 39.60% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 119.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 29.00% per year.

During the past 8 years, Palomar Holdings's highest 3-Year average EPS without NRI Growth Rate was 119.30% per year. The lowest was 16.70% per year. And the median was 20.60% per year.


Palomar Holdings Earnings per Share (Diluted) Historical Data

The historical data trend for Palomar Holdings's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Palomar Holdings Earnings per Share (Diluted) Chart

Palomar Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Get a 7-Day Free Trial 0.44 0.20 1.56 1.91 2.87

Palomar Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.64 0.68 0.94 0.96

Competitive Comparison of Palomar Holdings's Earnings per Share (Diluted)

For the Insurance - Property & Casualty subindustry, Palomar Holdings's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Palomar Holdings's PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Palomar Holdings's PE Ratio distribution charts can be found below:

* The bar in red indicates where Palomar Holdings's PE Ratio falls into.



Palomar Holdings Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Palomar Holdings's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(72.627-0)/25.327
=2.87

Palomar Holdings's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2024 is calculated as

Diluted Earnings Per Share (Q: Mar. 2024 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(24.271-0)/25.469
=0.95

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Palomar Holdings  (FRA:PH8) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Palomar Holdings Earnings per Share (Diluted) Related Terms

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Palomar Holdings (FRA:PH8) Business Description

Traded in Other Exchanges
Address
7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, USA, 92037
Palomar Holdings Inc is a United States-based company focused on the provision of specialty property insurance earthquake, wind, and flood insurance products. The company's core focus is on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington, and states with exposure to the New Madrid Seismic Zone. It offers specialty property insurance products in the target markets to both individuals and businesses through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Its products include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, Residential Flood and others.

Palomar Holdings (FRA:PH8) Headlines

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